TDK Corp (6762.T) Key Developments | Reuters.com
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TDK Corp (6762.T)

6762.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

TDK expected to book 130 bln yen profit from spinning off assets to wireless communications partnership with Qualcomm - Nikkei
Friday, 17 Jun 2016 01:11pm EDT 

: TDK expected to book a 130 bln yen ($1.24 Bln) profit from spinning off assets to a wireless communications partnership with Qualcomm this FY - Nikkei .Resulting boost from spin-off could lift TDK'S group operating profit to around 200 billion yen for the year ending in March 2017 - Nikkei.  Full Article

TDK says reorganization of three passive components units
Friday, 17 Jun 2016 02:12am EDT 

TDK Corp <6762.T> : Says its unit TDK-EPC plans to set up a wholly owned unit in Akita . Says TDK-EPC's three passive components units to be merged by the newly established unit .Merger effective on April 29, 2017.  Full Article

TDK appoints chairman and president
Thursday, 28 Apr 2016 02:00am EDT 

TDK CORP:Appoints current president Takehiro Kamigama as chairman.Appoints Shigenao Ishiguro as president.Effective June 29.  Full Article

TDK announces result of supplementary period of takeover bid
Monday, 7 Mar 2016 01:10am EST 

TDK CORP:Acquired 26,153,857 shares (90.48 pct stake) of Micronas Semiconductor Holding AG after the supplementary period of takeover bid.Acquired 23,867,354 shares of Micronas Semiconductor Holding AG before the supplementary period of takeover bid.Plan was disclosed on Dec. 17, 2015.  Full Article

TDK announces result for takeover bid offering for shares of Micronas Semiconductor Holding AG through SPC
Tuesday, 16 Feb 2016 01:10am EST 

TDK CORP:Announces tender offer result that acquires shares of Micronas Semiconductor Holding AG. through SPC TDK Magnetic Field Sensor G.K., from Jan. 12 to Feb. 10.Says TDK Magnetic Field Sensor G.K. holds 23,867,354 shares (82.57 pct stake) of Micronas Semiconductor Holding AG, up from 0 pct.Says to acquire additional shares with same offering price from Feb. 17 to March 1, with settlement date March 8.  Full Article

Micronas Semiconductor Holding: TDK releases preliminary interim result of public offer for Micronas
Wednesday, 10 Feb 2016 07:00pm EST 

Micronas Semiconductor Holding AG:TDK Magnetic Field Sensor G.K. holds 86.04 pct of shares after the end of offer period‍​.  Full Article

TDK announces business alliance with Qualcomm
Wednesday, 13 Jan 2016 01:10am EST 

TDK CORP:Forms business alliance with Qualcomm Incorporated on Jan. 13.Says its wholly owned subsidiary EPCOS AG to set up a joint venture named RF360 Holdings Singapore PTE. Ltd., with Qualcomm's wholly owned subsidiary Qualcomm Global Trading PTE. Ltd. (QGT).Says QGT and EPCOS to hold a 51 pct stake and a 49 pct stake in JV respectively.  Full Article

R&I affirms TDK CORP's rating at "A+" and announces stable outlook
Friday, 25 Dec 2015 01:00am EST 

TDK CORP:R&I affirms TDK CORP's rating at "A+" and announces stable outlook.  Full Article

TDK offers takeover bid for shares of Micronas Semiconductor Holding AG
Thursday, 17 Dec 2015 01:10am EST 

TDK CORP:TDK CORP offered a takeover bid for no less than 67 pct stake in Micronas Semiconductor Holding AG, through a wholly owned SPC established by TDK.Offered purchase price at 7.5 Swiss franc per share.Takeover bid total amount at 214 million Swiss franc.Offering period from Jan. 12, 2016 to Feb. 10, 2016.Settlement starts in early March 2016.  Full Article

TDK Corp to Acquire Hutchinson Technology Inc
Monday, 2 Nov 2015 08:00am EST 

Hutchinson Technology Inc and TDK Corp:Tdk corporation to acquire Hutchinson Technology Inc.Tdk to acquire all of the outstanding shares of common stock of hti for base consideration of US$3.62 per share.Transaction has been unanimously approved by each company's board of directors.Says the merger values hti's equity at approximately $126 million to $140 million on a fully diluted basis.Says merger values hti's equity at approximately $126 million to $140 million on a fully diluted basis.Deal to also include additional consideration of up to US$0.38 per share.  Full Article

BRIEF-TDK expected to book 130 bln yen profit from spinning off assets to wireless communications partnership with Qualcomm - Nikkei

* TDK expected to book a 130 bln yen ($1.24 Bln) profit from spinning off assets to a wireless communications partnership with Qualcomm this FY - Nikkei